Russian Tax Service US$3.4 billion bill against Yukos comes into force
The Associated Press
A Russian court delivered a hard blow to the Yukos oil giant June 29, upholding a US$3.4 billion tax bill and bringing the beleaguered oil company a big step closer to insolvency.
Yukos, Russia’s second-largest oil producer, has three months to pay the bill or it may face bankruptcy proceedings. Bu....
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